Uranium Energy Inc. (NASDAQ: UEC) stock declined by 9.62% at last close whereas the UEC stock price gains by 6.08% in the pre-market trading session. Uranium Energy is a uranium exploration and mining business located in the United States. UEC is pioneering the next generation of minimal cost, eco-friendly in-situ recovery mining uranium projects as a premier pure-play American uranium corporation.
Uranium Energy Corp. has made a program titled “Time to Capitalize on the Net Zero Emission Initiative” available. Interest in uranium has risen as a result of this, and shares of Uranium Energy Corp. have seen a surge in demand.
UEC has also added a substantial equity position in Uranium Royalty Corp. and launched a program to buy actual uranium held in the United States, diversifying its uranium asset base. This should be like cash in the bank for UEC, given the expected demand for uranium. UEC also owns the Alto Parana project in Paraguay, which is one of the world’s highest-grade and biggest ferro-titanium deposits.
Uranium Energy was recently featured in an article by NetworkNewsWire which is one of the InvestorBrandNetwork’s 50+ recognized brands, a multidimensional financial news, and publishing firm for private and public companies.
The International Energy Agency (IEA) released a detailed and concrete strategy last month to limit global warming to 1.5 degrees Celsius by mid-century without jeopardizing energy stability, accessibility, or cost. Even with a rising world population, the IEA addresses it all and sets out how renewable energy sources combined with nuclear power will be the main energy sources on the globe.
The change is unavoidable for the planet’s existence, and there are opportunities to profit from this massive shift in the energy sector. Uranium Energy Corp. is a leader in low-cost, environmentally friendly in-situ recovery (ISR) uranium mining in the United States. Uranium is the key ingredient that powers nuclear power plants.